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6006 S Western Ave 5,700 SF 100% Leased Office Building Los Angeles, CA 90047 $3,205,682 CAD ($562.40 CAD/SF) 9.91% Cap Rate



Investment Highlights
- Two contiguous parcels totaling approx. 14,401 SF of land
- Zoned: Commercial Manufacturing – suitable for a variety of uses
- Lease renewed through 2030, ensuring consistent cash flow
- 5700 SF industrial building with flexible multi-tenant potential
- Stable, mission-driven nonprofit tenant in occupancy since 2019
- Conveniently located near major freeways, public transit, and central Los Angeles hubs
Executive Summary
Exceptional opportunity to acquire a two-parcel industrial property located along the highly visible Western Avenue corridor in Los Angeles. Zoned Commercial Manufacturing (Multi-Tenant), this well-maintained asset sits on approximately 14,401 sq. ft. of land and features a 5700 sq. ft. single-story divided between two buildings, offering stable income and long-term investment security.
Current Tenancy:The property is fully occupied by a reputable nonprofit organization.
The Tenant has demonstrated strong occupancy history, having been in place since 2019, and recently renewed its lease for an additional five (5) years commencing October 1, 2025, extending through September 30, 2030. This long-term lease renewal underscores the tenant’s commitment to the location and provides reliable, ongoing income for the next investor.
Tenant Profile:
Fair Opportunity for Change, Inc. is a nonprofit 501(c)(3) organization that has been proudly serving South Los Angeles since 2012. Our mission is to provide safe, stable interim housing and comprehensive supportive services to individuals experiencing homelessness, with a focus on dignity, empowerment, and long-term stability. Our primary funding and referrals come from the County of Los Angeles. Through this partnership, we provide essential services that meet both the immediate and long-term needs of our clients. This location has the capacity to serve up to 45 clients at a time. We maintain a dedicated team of approximately 10–12 staff members on site at any given time. Our multidisciplinary staff includes case managers and support staff, ensuring that clients receive both personalized care and professional support. Key elements of our daily operations include providing three nutritious meals a day, maintaining a clean and safe living environment, delivering case management and supportive services, and offering referrals to additional community-based resources. Our staff also assists clients in working toward permanent housing, employment readiness, and improved overall well-being.
Current Tenancy:The property is fully occupied by a reputable nonprofit organization.
The Tenant has demonstrated strong occupancy history, having been in place since 2019, and recently renewed its lease for an additional five (5) years commencing October 1, 2025, extending through September 30, 2030. This long-term lease renewal underscores the tenant’s commitment to the location and provides reliable, ongoing income for the next investor.
Tenant Profile:
Fair Opportunity for Change, Inc. is a nonprofit 501(c)(3) organization that has been proudly serving South Los Angeles since 2012. Our mission is to provide safe, stable interim housing and comprehensive supportive services to individuals experiencing homelessness, with a focus on dignity, empowerment, and long-term stability. Our primary funding and referrals come from the County of Los Angeles. Through this partnership, we provide essential services that meet both the immediate and long-term needs of our clients. This location has the capacity to serve up to 45 clients at a time. We maintain a dedicated team of approximately 10–12 staff members on site at any given time. Our multidisciplinary staff includes case managers and support staff, ensuring that clients receive both personalized care and professional support. Key elements of our daily operations include providing three nutritious meals a day, maintaining a clean and safe living environment, delivering case management and supportive services, and offering referrals to additional community-based resources. Our staff also assists clients in working toward permanent housing, employment readiness, and improved overall well-being.
Sale Flyer
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,700 SF
Building Class
B
Year Built/Renovated
1924/2020
Price
$3,205,682 CAD
Price Per SF
$562.40 CAD
Cap Rate
9.91%
NOI
$317,601 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,700 SF
Building FAR
0.40
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
LACM - Commercial Manufacturing
Amenities
- Fenced Lot
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Fair Opportunity For Change Inc
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Fair Opportunity For Change Inc | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
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Walk Score®
Very Walkable (80)
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
48,797
429,333
1,137,208
2024 Population
46,359
398,705
1,074,978
Population Growth '20-'24
-5.0%
-7.1%
-5.5%
2020 Households
14,070
129,535
353,627
2024 Households
13,229
119,639
335,468
Household Growth '20-'24
-6.0%
-7.6%
-5.1%
Average Age
38
37
37
Median Household Income
$59,555
$54,262
$53,848
Daytime Employees
5,746
71,670
308,637
Total Businesses
868
10,857
40,442
College Degree + Higher
11%
16%
19%
$ values in USD
Nearby Amenities
Hospitals |
|||
|---|---|---|---|
| Centinela Hospital Medical Center | Acute Care | 8 min drive | 7.6 km |
| Community Hospital of Huntington Park | Acute Care | 8 min drive | 8.2 km |
| California Hospital Medical Center LA | Acute Care | 9 min drive | 9.5 km |
| Good Samaritan Hospital | Acute Care | 10 min drive | 11.5 km |
| Kaiser Foundation Hospital - West LA | Acute Care | 11 min drive | 12.1 km |
Property Taxes
| Parcel Numbers | Total Assessment | $1,981,757 CAD (2025) | |
| Land Assessment | $1,481,992 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $499,764 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$1,481,992 CAD (2025)
Improvements Assessment
$499,764 CAD (2025)
Total Assessment
$1,981,757 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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6006 S Western Ave
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